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Macleay Island

POSTAL CODE: QLD, 4184
HOUSE

Property investments in MACLEAY ISLAND fare well against the rest of the country last year, registering a median home price increase of 15.78%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains MACLEAY ISLAND, 4184 saw average growth in the long term.

Real estate investors could earn a rental income of $465 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 95.9 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $510,000.

MACLEAY ISLAND ranks 138th on the list of best yielding suburbs for rental properties in QLD, posting a 4.74% return.

Surburb overview

Macleay Island is located in Moreton Bay, Queensland, approximately 40 kilometres southeast of Brisbane's central business district. It measures about 6.5 kilometres in length and 4 kilometres at its widest point, making it the second-largest of the Southern Moreton Bay Islands.

As of the 2021 Census, Macleay Island had a population of 3,193. The community is characterised by a higher median age, with a significant proportion of residents aged over 54 years. The demographic profile includes a mix of retirees, professionals, and families seeking a tranquil lifestyle away from the mainland's hustle.

Passenger ferries and vehicle barges departing from Redland Bay facilitate public transportation to and from Macleay Island. The passenger ferry services are integrated into the Translink network, allowing passengers to use Go cards for travel. Macleay Island has no public transport, so a car or motorised bike is essential for getting around.

Essential establishments on Macleay Island cater to daily needs and community activities. The island features local shopping centres, cafes, restaurants, and supermarkets. Additional facilities include a police station, ambulance centre, medical centre, primary school, childcare centre, public swimming pool, petrol station, and a vet. Macleay Island State School serves the island community for primary education, while secondary students typically attend schools on the mainland.

Recreational activities on Macleay Island are diverse, leveraging the island's natural beauty and community facilities. Residents and visitors can enjoy a bowling club, boat club, golf course, and beaches suitable for swimming and fishing. The island also boasts a flourishing arts culture, with several galleries to explore. Parks such as Dalpura Beach and Pat's Point offer picnic spots and opportunities to relax by the water. Boating and fishing enthusiasts have access to several boat ramps, making the island an excellent place for these activities.

Macleay Island's natural beauty, community amenities, and serene atmosphere make it a distinctive locality within Queensland's coastal regions.

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